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After Hours

Jan. 2, 2014, 6:23 p.m. EST

FireEye surges on Mandiant acquisition

By Wallace Witkowski, MarketWatch

SAN FRANCISCO (MarketWatch) — FireEye Inc. shares jumped in the extended session Thursday after the security software firm said it acquired closely-held security firm Mandiant for about $1 billion.

Shares of FireEye (NAS:FEYE)  surged nearly 22% to $50.20 on moderate volume following the announcement.

Mandiant is known for releasing a report last year that focused on a group of elite hackers in China.

Resources Connection Inc.  rose 5.3% to $15 on light volume after the consulting firm reported fiscal second-quarter 18 cents a share on revenue of $146 million. Analysts surveyed by FactSet expected 15 cents a share on revenue of $138.5 million.

Landec Corp. (NAS:LNDC)  shares fell 3.1% to $11.65 on light volume after the packaging company’s second-quarter revenue fell short of Wall Street expectations.

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